4 ms·
looking at the pullbacks in 2000 and 2008, there is a non-trivial chance that the S&P will bottom sub-1000
by recursivedoubts 4y ago
looking at the pullbacks in 2000 and 2008, there is a non-trivial chance that the S&P will bottom sub-1000
- apples_oranges 4y agoyeah who knows, in the long run it will go way up of course, as the USA and other industrial nations will grow and grow..
- recursivedoubts 4y agothat's not clear either, w/population growth set to reverse in the next 20-30 years consider the Nikkei... no crystal ball
- chasd00 4y agoDo you remember the financial crisis? In 2008 Paulson was literally on his knees in front of Pelosi begging for congress to do something. I doubt we're headed there again.
- recursivedoubts 4y agopeople doubted we were heading there in 2007, too ¯\_(ツ)_/¯ I own no crystal ball
- babyshake 4y agoDid the S&P drop by 80% or more in those recessions?